Bankruptcy

Get full access to The Daily Beast for $1

SUBSCRIBE

Bankruptcy

Camp Mystic
ALL OVER

Camp Mystic Files for Bankruptcy After 28 Killed in Flood

The company’s total debts now exceed $10 million.

Martha McHardy

Donald Trump
SPIRITED AWAY

Airline Risks Imminent Collapse as Trump’s War Spikes Fuel

They had agreed on a savior deal, then four days later, the White House started dropping bombs.

Harry Thompson

CHICAGO, ILLINOIS - DECEMBER 30: Pedestrians walk past a Saks Fifth Avenue store on December 30, 2025 in Chicago, Illinois. Recent reports indicate that Saks Global Enterprises, the parent corporation of Saks Fifth Avenue, may file for Chapter 11 bankruptcy as they face a more than $100 million debt payment due at the end of December.  (Photo by Scott Olson/Getty Images)
SAKKED

Saks Global Files for Bankruptcy as High-End Buy Turns Sour

Analysts say Saks paid too much to buy a high-end retail rival.

Harry Thompson

Roomba robot vacuums made by iRobot are displayed on a shelf at a Target store.
THAT SUCKS

Company Behind Roomba Vacuum Cleaner Files for Bankruptcy

Donald Trump’s tariffs appear to be partly to blame for the company’s collapse.

Harry Thompson

Halloween candy is seen on shelves at a Target store.
NO SUGARCOATING IT

Halloween Goes MAHA as Major Candy Retailer Goes Bankrupt

The candy industry is declining due rising costs and changing health culture.

Amber Brace

NEW YORK, NEW YORK - FEBRUARY 26: Dr. Phil visits "Jesse Watters Primetime" to discuss his new book "We've Got Issues: How You Can Stand Strong for America's Soul and Sanity" at FOX News Channel Studios on February 26, 2024 in New York City. (Photo by Roy Rochlin/Getty Images)
UNFINISHED BUSINESS

Furious Christians Sue Dr. Phil Over $500M Fraud Claim

A Christian broadcasting network is alleging that Dr. Phil McGraw took millions of dollars for nothing.

Jack Silvers

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

A line of Hooters Girls announce the grand re-opening of the Hooters on Kirby following a ceremony Wednesday, Jan. 23, 2013, in Houston. ( Brett Coomer / Houston Chronicle ) (Photo by Brett Coomer/Houston Chronicle via Getty Images)
EMPTY CHEST

Hooters Goes From Boom to Bust With Bankruptcy Filing

The company, which racked up major debt issues, insists its restaurants will stay open.

Tom Sanders

SUNNYVALE, CALIFORNIA - FEBRUARY 01: A sign is posted in front of the 23andMe headquarters on February 01, 2024 in Sunnyvale, California. Genetic testing company 23andMe, once valued at $6 billion, is facing the possibility of delisting from NASDAQ as the company navigates numerous class action lawsuits (Photo by Justin Sullivan/Getty Images)
MAJOR MUTATION

23andMe Files for Bankruptcy, Fueling Fears for DNA Data

Your genetic history could soon be for sale to the highest bidder.

Tom Sanders

Nikola
BILLIONS TO BUST

EV Maker Once Worth $30B Now on Brink of Collapse

The electric vehicle manufacturer filed for bankruptcy on Wednesday, as the most recent EV company to do so.

Joey McFadden

Alex Jones speaks to reporters outside of a courthouse.
TIME TO PAY UP

Court Official Reveals Plan to Shutter Alex Jones’ InfoWars

A court-appointed bankruptcy trustee has not given a timetable for the media company’s liquidation.

Josh Fiallo

Rudy Giuliani.
‘REASONS TO BE CONCERNED’

More Problems for Giuliani After Fiery Bankruptcy Hearing

Giuliani took heat from creditors, a judge and the U.S. Justice Department during the hearing in New York.

William Vaillancourt

ADVERTISEMENT

GET THE APP
Subscribe
Log In
Newsletters
Podcasts
AboutContactTipsJobsAdvertiseHelpCode of Ethics & StandardsInclusionTerms & ConditionsCopyright & TrademarkPrivacy

© 2026 The Daily Beast Company LLC